Chuson-ji, Hiraizumi, Iwate
Photo: Chuson-ji, Hiraizumi, Iwate · Shino Nakamura / Unsplash

Yahaba Town, Shiwa County Housing Market Report 2025

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median house price (land + building)
¥28.0M
Residential land per m² (sales)
¥57k/m²
Transactions in 2025
56
#2 of 9 areas in Iwate by price per m²

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 4.2% a year, down from 6.7% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Outperforming Iwate

Per m², houses here are 173% above the Iwate average. The premium has grown from 63% ten years ago, so Yahaba Town, Shiwa County has been outperforming its surroundings.

What a typical purchase costs

Half of all house sales last year were between ¥11.0M and ¥36.3M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.7% between 2020 and 2025 (−7% for the wider area). More people moved in than out in 2025, a net gain of about 3.4 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

8.3% of homes were empty in 2023 (17.3% for the wider area), and 4% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Lower earthquake risk

The government's seismic model gives a 3% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Official land prices are edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +1% in the year to January 2026 and +15% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 20% are inside the worst-case flood zone. Most worst-case flood zones are shallow (under 0.5 m) at the edges, so depth matters as much as the share. Check the hazard map for any specific address before buying.

Living in Yahaba Town, Shiwa County: people, homes and risks

Population 2025
27,004
-3.7% since 2020
Iwate: -7.0%
Net moves in 2025
+91
+3.37 per 1,000 residents
Iwate: -3.52
Vacant homes (2023)
8.3%
4.0% empty and not for rent or sale
Iwate: 17.3%
Median rent (2023)
¥56k
per month, all rented homes
Iwate: ¥46k
Strong earthquake risk
2.7%
chance of shaking of intensity 6-lower or more within 30 years
Iwate: 12.3%
Official land price 2026
¥52k/m²
+1.4% in a year · +15.1% in 5 years
Iwate: ¥30k/m²
Flood exposure
20.0%
of 5 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Iwate: 38.2%
Landslide exposure
0.0%
of 5 benchmark sites in a landslide warning area
Iwate: 5.1%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT). Earthquake probability is measured at the municipal center.

Example sales in Yahaba Town, Shiwa County

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

House

Lower-priced2025 Q4

¥10.0M

¥69k/m²

  • Oaza Shimoyatsugi
  • Yahaba · 21 min walk
  • Land 770 m² · floor 145 m²
  • Built 1991 (34 yrs)
Typical2026 Q2

¥26.0M

¥226k/m²

  • Oaza Matabeeshinden
  • Yahaba · 12 min walk
  • Land 200 m² · floor 115 m²
  • Built 2000 (26 yrs)
Higher-priced2025 Q3

¥36.0M

¥360k/m²

  • Oaza Fujisawa
  • Yahaba · 28 min walk
  • Land 175 m² · floor 100 m²
  • Built 2026 (0 yrs)
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M200820102012201420162018202020222024
Show data table
YearHouse
2008¥15.0M
2009–
2010¥16.0M
2012¥21.5M
2013¥20.0M
2014¥21.0M
2015¥23.5M
2016¥23.0M
2017¥27.0M
2018¥23.5M
2019¥21.0M
2020¥26.5M
2021¥21.0M
2022–
2023–
2024¥31.5M
2025¥28.0M
Median price per m² by year
¥0¥100k¥200k¥300k¥400k200820102012201420162018202020222024
Show data table
YearHouseLand
2008¥133k/m²¥31k/m²
2009–¥40k/m²
2010¥95k/m²–
2012¥100k/m²¥34k/m²
2013¥104k/m²¥35k/m²
2014¥122k/m²¥37k/m²
2015¥160k/m²¥46k/m²
2016¥220k/m²¥45k/m²
2017¥195k/m²¥35k/m²
2018¥161k/m²–
2019¥182k/m²–
2020¥208k/m²–
2021¥162k/m²–
2022–¥10k/m²
2023–¥45k/m²
2024¥325k/m²¥58k/m²
2025¥154k/m²¥57k/m²

Prices near train stations in Yahaba Town, Shiwa County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Yahaba (矢幅)––¥30.0M1955
Iwate Iioka (岩手飯岡)––¥26.5M2512

How much does a house cost in Yahaba Town, Shiwa County?

The median house sale, including the land, was ¥28.0M in 2025 across 24 sales.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.